Arrow Fabrics will invest in Karnaphul EPZ

Bangladeshi company Arrow Fabrics (Pvt) Ltd will expand its garment manufacturing industry in the Karnaphuli Export Processing Zone. The 100 percent local company will invest $1. 74 million to set up its unit and will produce specialised garment items. The company will also create employment opportunity for 1 , 500 Bangladeshi workers. Md Moyjuddin Ahmed, member (investment promotion) of Bangladesh Export Processing Zones Authority (Bepza), and Masuda Begum, managing director of Arrow Fabrics, signed an agreement at the Bepza complex on Wednesday.